- 1 We help you find the right agent
- 2 Invest in houses for sale in Ferring with the right professional advice
- 3 houses for sale in other cities and regions in the UK
- 4 In general, what do houses for sale sell for in Ferring?
- 5 What are the asking prices for the houses for sale in the city of Ferring?
- 6 How are rental yields of the houses for sale different to the rest of the UK in Ferring?
- 7 In Ferring, what are the demographics like?
- 8 Invest in a house for sale that meets your demands
- 9 Frequently Asked Questions (FAQ)
Ferring can be a tough place to find accurate information like any city in the UK. Read on to learn about which data to stay on top of when looking at house for sale in Ferring.
On top of this, keep reading for detailed information on the demographics of Ferring in West Sussex. This is crucial in finding houses for sale in the UK, that are worth investing in for the long term too.
Invest in houses for sale in Ferring with the right professional advice
In today’s market with an abundance of homes available for sale, choosing the best house for sale can be challenging.
With several houses for sale to choose from, who will guide you through the process of choosing?
We have listed here below several experts and companies able to advise and support potential buyers.
The process of finding and investing in a house for sale can be lengthy and time-consuming, this is why we suggest you consult with the following professionals:
- Banks – Lend you the cash
- Insurance companies – Insure your new real estate investment
- Conveyancer – handles all the legal labour that is needed to proceed in buying a house for sale.
- Surveyor – Carries out an independent and complete property valuation of the house for sale
- Mortgage advisor – If you are thinking to get a mortgage to get the finances needed to afford to buy a house for sale, a mortgage advisor is the person you should be looking for
- EPC person – Always get a quote on the Energy Performance Certificate of the houses for sale listed in a certain city
houses for sale in other cities and regions in the UK
We have prepared a list of cities that are entirely dissimilar to the region of South East, perfect if you are looking for somewhere similar to Ferring but want to relocate to a different region entirely. You should then be able to evaluate the different houses for sale listed in the region:
- watford in South East
- blair-drummond in South East
- coventry in South East
- abertridwr in South East
- crafthole in South East
Alternatively, you can visit our webpage dedicated to houses for sale in the UK for a broader understanding, houses for sale in the UK.
In general, what do houses for sale sell for in Ferring?
In Ferring, houses for sale are sold at an average of £375,762. In general, multiple factors impact this figure because lots of variables impact properties valuation. This can include the quality of the buildings in general, whether the population has grown, if there is demand for housing or if there is a low crime rate which would make the area more desirable.
In the table below, you can see for yourself how the average price of a house for sale looks based on the different sizes of housing in Ferring. The exact amount of variation between the types of housing depends on the local demand for particular types of houses in the area.
|Housing category||Total final sale price|
|Aerage sold price (detached)||£494,552|
|Aerage sold price (semi-detached)||£349,173|
|Aerage sold price (terraced)||£282,853|
|Aerage sold price (flat)||£204,780|
As you can see above, for Ferring, price varies based on the type of house that is being sold. If these prices shock you it could be due to population change in the last 10 years of 7% where lots of movement may inflate or deflate house prices.
|Housing category||Sale price per square foot|
|Aerage sold price/sqft||£3,870|
|Aerage sold price/sqft (new build)||£3,700|
|Aerage sold price/sqft (old stock)||£3,750|
Looking at the second table about Ferring, you are able to tell which type of housing is most affordable to you as a buyer. However, for a general overview of what house price is, the average price per square foot for a house in Ferring is £3,870.
What are the asking prices for the houses for sale in the city of Ferring?
In the city of Ferring, what is the average asking price for the houses for sale?
|Average asking price (1 bed)||no relevant data for this city|
|Average asking price (2 bed)||£376,094|
|Average asking price (3 bed)||£510,642|
|Average asking price (4 bed)||£737,824|
|Average asking price (5 bed)||no relevant data for this city|
The above table is perfect for understanding the distribution of properties in the area as well as looking at this data alongside the average asking price per square foot of £0. Telling you what type of house is most in demand relative to the price of the area.
This could be due to more people looking at particular types of houses for sale over others or even due to the fact that Ferring has a lack of supply of housing in certain categories.
Before a house gets sold, the figure it sells for always starts off as an asking price. This average asking price for the houses for sale in Ferring determines the eventual sale price of the house so it isn’t the most important figure but is still important to take note of. This figure is currently £469,554.
Below, there is a table showing the asking price of the different sizes of houses based on the number of bedrooms of the houses in Ferring.
How are rental yields of the houses for sale different to the rest of the UK in Ferring?
What is the growth in the housing market of Ferring?
Before making an investment and move forward with buying a house for sale, another important set of data an investor should analyse is the growth trends of the area in question.
Below are the forecasted growth rates for the city of Ferring at 1 year, 3 year and 5 year intervals:
|1 year||3 years||5 years|
|Ferring growth rate||9%||26%||33%|
Examine this figure carefully as the addition of a lot of new houses to meet demand could mean that house price of the houses for sale in Ferring gradually reduces with an increase in the housing supply. This could be a good indicator to understand if your house will appreciate or not. Too many houses and too much supply could drive down the prices of homes or stagnate them. So be sure to check out what is exactly happening in Ferring.
Assuming you are not looking for a house for sale in a certain area because of private reasons such as being close to a family member or you have been relocated to a new office, these are some of the factors to consider in order to understand if an investment is worth your money.
Investors typically look at data such as the average rental yield, the average asking price of rent per month, rent turnover and sale turnover. These KPIs give property investors a solid idea of how the market is performing in that area.
For the city of Ferring, the below table demonstrates this well. To make things simple, it compares these numbers to the wider region of the UK; South East. As well as West Sussex, to give a smaller scale area to compare the data to.
|Average Yield||Average Asking rent||Turnover (rental)||Turnover (sale)|
|Ferring||£0||£1,456||no relevant data for this city||£0|
Assuming that in the future you want to re-sell the house you will eventually purchased in Ferring you might be interested in the number of sales per month (25) that happen in the local housing market. Comparing this figure for Ferring with the above table gives you a good understanding of the profitability of the area.
In Ferring, what are the demographics like?
What is the population of Ferring?
Population growth in Ferring is important to know if there is housing demand and the total population may also be looked at as large populations commonly have a lot of buyer demand.
In Ferring, 20412 people live in the city as their main place of residence.
It is important to note that it is not the case that everyone likes a large population to live in. People who tend to prefer a more relaxed life are more likely to buy or rent somewhere to live that has a small population and perhaps also wouldn’t mind if the population isn’t growing.
Other people also like to have a mix of both. Where they can visit rural areas and also benefit from the amenities of a busy city.
In Ferring in the previous five years, have population numbers transformed?
Five years may seem like a long time but it is rare for a city to grow that much unless there is dramatic population growth. In Ferring, this change has been 3%. Read more here
Someone who wishes to find out how this change has occurred over a longer period of time may also wish to read the headings below and see if the change has continued throughout the past decade too. Or if the change is only true for the more recent figure for five years of 3%. Click here to know more on the UK population trends.
Over the last decade, how has the population differed in Ferring?
Populations change all the time but if there is a clear change in population in the last ten years this is even more reliable data about the population of the area as opposed to five. This adjustment in population works out to be 7% in Ferring.
What this statistic is like in comparison to the population change in five years should provide you with a comprehensive understanding of what direction the population is heading in.
In recent years because of the pandemic, it is common to see dramatic differences in the population change in the last five years when comparing it to ten as people realise they can work from home but still keep the current jobs they have.
This means they can move to cities they wouldn’t have considered otherwise and be location-independent of their source of income. Perhaps making a longer commute into the office every week for example.
In the city of Ferring, is there a lot of green space?
In the city of Ferring, there are 6 acres of green space per 1000 residents.
The charity, ‘Fields in Trusts’ recommends a minimum of 6 acres of green space per 1000 people so it is easy to see where Ferring is when seeing if green space availability is sufficient. This green space could be parks, nature reserves, public gardens or playing fields.
What’s a social grade score and how does it relate to Ferring?
In the city of Ferring, the social grade score of the area is 24%. But what does this exactly mean? The figure refers to the proportion of people in the two highest categories of skilled jobs.
The categories are grouped from A to E shown in the table below. Overall, a high social grade score means there are more affluent people working in managerial and professional roles in the area.
This table shows the average breakdown of the UK in terms of where most people in the UK are working so you can compare it to the social grade score of Ferring.
|Social Score||Category||The proportion of the UK population (%)|
|A||Professional, managerial or administrative||4|
|B||Intermediate managerial or professional jobs||23|
|C1||Supervisory, junior managerial or professional jobs||29|
|C2||Skilled manual workers||21|
|D||Semi and unskilled manual workers||15|
|E||State pensioners, casual & lowest grade workers||8|
Ferring in the county of West Sussex is notable for its specific demographics and has individual characteristics.
For localised cities and the bigger areas of the UK there are wide variations in the demographics that shape an area so the same is also true for the wider region Ferring is located in; South East.
Below, these demographics are talked about in headings that explain how the city has grown, what the education levels are like in Ferring, what the social grade score of the city is like and if the green space matches the recommended levels people living in the UK should have.
What salary does the community in Ferring take home?
By and large, a higher household income in a population can have positive effects on the crime rate and the quality of space. This is due to the fact that higher earners tend to buy houses where there are better schools and more desirable amenities that impact the quality of life someone has.
In Ferring, the average income is £45,100.00. Measuring this figure against the average household income for the UK of price34,000 should tell you if the city is higher or lower earning.
When buying a house, use this statistic with other factors when making a decision too like the crime rate or the social grade score of 24% to decide on what the demographics are like in the area.
Is the education level of Ferring important when buying a house?
Interestingly, the percentage of people who have a degree in the city of Ferring is 24%. Most of the time, the more people that have a degree, the higher the average household income and the more likely someone is to be able to afford to purchase a house. For example, the average income of the citizens in the area of Ferring is £45,100.00.
Generally, areas with high numbers of people with a degree are also areas with more people likely to be home owners and therefore the value of houses and relative prices of the houses for sale are more likely to go up too.
Nonetheless, making predictions about the appreciation of a house also has to be considered alongside other factors like population growth and the rental yields of the area.
However, most of the time, being educated is a good indication of affluence with 82% of people graded a first in tertiary education going on to eventually own a house.
In Ferring, what are the deprivation levels like?
The deprivation levels of the UK can vary quite a bit. High deprivation levels signal a particular area has people who are struggling to make ends meet and pay for basic living expenses. For Ferring, in particular, the deprivation levels are £0.
This figure can be contrasted with the deprivation levels of the UK of 33% to see if the levels are below or above average.
Is the crime rate bad in the city of Ferring?
The crime rate of Ferring must be looked at sceptically. The reason for this is that the crime rate can vary within a city greatly and the type of crime committed can also vary too.
For example, the area has a crime rate of 9000%, but another city may have a higher crime rate but not be deemed as dangerous due to lower level crime or minor offences being committed.
Either way, high crime rates are never a good sign so consider the rate against the UK average of 79.52 for every 1000 people as a benchmark.
Lower rates could mean things like home insurance is cheaper and you have to install fewer security measures throughout your house. Saving you money in the long run. So the statistic of crime rate (9000%) is both useful and is recommended to be compared to the average.
Invest in a house for sale that meets your demands
Criterias that have an impact on the actual price of a house for sale have been listed here below. Consider them all to find the perfect houses for sale in Ferring.
Affordability – check this article from the UK government to find out (see what house for sale you can afford)
Location – if the house for sale is in the city centre rather than further out, this may be why it is more expensive than the market average.
Transports near the house for sale – Being able to use public transports is a huge plus for a house, especially in big cities. This will have an impact on the price as well.
Bedrooms – the more bedrooms there are in a house for sale, the more tenants a buy to let investors will be able to host, therefore, realistically the price will also increase.
EPC of the house for sale – today more than ever, the energy performance of properties for sale on the market should be one of the first things you check.
Wi-Fi speed – We recommend you check the internet plans available for the areas where you are considering to buy a house for sale
Are you a motorist? – If yes, filter out your searches and compare prices of houses for sale with parking availability. Remember, a car parking space can cost as much as £400 per month
Conditions of the house for sale – New builds and properties that were recently built usually need little to no repairs; instead, other houses for sale may require consistent or structural maintenance. These investments that can be both expensive and laborious to complete. Before making your offer for a house for sale you should always carefully assess this criteria.
Frequently Asked Questions (FAQ)
Is it possible to renovate a property in Ferring?
Ferring is likely to be a great place for revamping property if there is a lot of greenlit planning permission. The are 14 each month, attaining a success rate of nan and a total population of 20412. You can find out if this is above or below similar areas in the UK by comparing it to a nearby place
How many property sales occur per month in Ferring?
Ferring boasts a monthly total of 25 property transactions, while the entire UK witnesses approximately 1.1 million property sales. You can visit our pages that give information on houses for sale based on Rightmove data from the same region using the link
What’s the year-over-year population change in Ferring or similar cities?
To assess the shifts in Ferring’s population over time, analyse how the population has altered. Look at the ten year change of population of 7%, alongside the five-year change of 3%.
What are the asking rates for houses for sale in the surrounding area of Ferring?
In Ferring, the mean asking price per square foot for a house is currently £0, based on the average value per square foot
Is investing in a house for sale in Ferring a financially demanding choice?
Determine whether a property is expensive by comparing a list of houses for sale to the prevailing average selling prices. In Ferring, this figure stands at £375,762, while the UK average is £286,500.